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Post by toledowingsfan on May 30, 2007 13:17:50 GMT -5
I think we should all start following UPS lead and avoid left hand turns. Of course, all of you in Michigan more or less already do.
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Post by Echos Myron on May 30, 2007 14:37:46 GMT -5
Oh, I suppose I could spend a little time searching for links that would demonstrate how every time in the last 30 years any company that has proposed building a new refinery somewhere have been met by the eco-weenies and the “NIMBY” folks mobilizing and using the existing environmental regulations that favor them to throw up a roadblock after roadblock. I could spend that time if I really gave a shit about what you think. But I don’t. So I won’t. In the meantime, I’ll just continue to watch my Exxon stock, which I’ve owned and regularly re-invested in since, oh, about, 1983, continue to rise and thank the Eco-tards for helping with my early retirement. finance.yahoo.com/q/bc?s=xom&t=myOh, and in addition to ANWAR, we can’t drill off the coast of California either. Ted Danson and Barbra Streisand won’t let us. Eco weenies and NIMBY folks? Lord. You're brainwashed. Just about every intelligent property owner in the country would become NIMBY folk if they found out there were plans to build a refinery nextdoor. Every driven through Cheyenne? Sheesh.
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Post by Echos Myron on May 30, 2007 14:40:33 GMT -5
Maria McClory, 38, drove 10 miles out of her way to buy a diet soda from Pollack's station after seeing local television coverage of the protest.Great example. I read somewhere recently that the American driver could reduce their gasoline consumption on average by17% without having to resort to car-pooling or utilizing public transportation. They were all simple things like maintaining proper air inflation in their auto’s tires, not speeding, no abrupt accelerations, analyzing their driving patterns and making common-sense adjustments like consolidating trips when running errands – things most Americans have demonstrated they are unwilling to make an effort at doing. It’s more convenient to just whine about Big Oil profits. Like it’s Big Oil’s fault that retards won’t follow the principles of a market economy and curtail their consumption of a product when the price of said product reaches a set point for them. Just keep buying it in the same mass quantities and bitching about the price, but for chrissakes don’t change your driving habits in a way that would reduce your consumption, help lower demand (and, ergo, prices) and ease the strain on your wallet. That might actually make sense. Retards… Heh. You are a piece of work. Blaming gas consumers for the Oil companies which are notorious manipulating the market.
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Post by someguy on May 30, 2007 15:12:57 GMT -5
Last quarter, during a time of escalating gas prices to near-record levels, consumption increased 3%. Must’ve been those secret operatives of Big Oil manipulating the market by holding guns to people’s heads, forcing them to go fill-up their SUVs.
Retard…
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Post by gilly on May 30, 2007 15:28:01 GMT -5
From the Christian Science Monitor (article Sept 21, 2005 but still relevant) www.csmonitor.com/2005/0921/p11s02-usec.htmlIn 1981, the US had 324 refineries with a total capacity of 18.6 million barrels per day, the Department of Energy reports. Today, there are just 132 oil refineries with a capacity of 16.8 million b.p.d., according to Oil and Gas Journal, a trade publication.I'm far from an apologist for the oil companies, but it does not take a higher degree to do the math here and realize that consumption has increased in 24 years and capacity has decreased by 1.4 million barrels per day. In addition, the summer/winter blend fuels require refineries to switch over capacity. We've been paying thru the nose here in Indy ($3.52 for 87 octane as of today, was up to $3.59 last week), primarily due to the BP refinery. In addition, ethanol is a complete shell game. You burn cleaner fuel but at a much lower efficiency, equalling wear and tear on your car and driving up the costs of food. You can supplant oil shortfalls with imports, with the side effect of supporting tyrants like Chavez and any number of Middle Eastern governments. Lessening dependence on foreign oil (politico buzz word 101) does not mean you shut off the oil spigot immediately and start driving your hybrid golf cart to work. It means you supply your country with the means to sustain itself (additional refining capacity), and gradually move from an oil based economy to alternative forms of energy (wind, nuclear, etc). We're not at the mercy of the oil companies - we're at the mercy of OPEC. Oil is not a free-market commodity with so many external governements in control of its production (and inability of oil companies to refine or drill additional in the US).
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Post by someguy on May 30, 2007 16:15:12 GMT -5
In 1981, the US had 324 refineries with a total capacity of 18.6 million barrels per day, the Department of Energy reports. Today, there are just 132 oil refineries with a capacity of 16.8 million b.p.d., according to Oil and Gas Journal, a trade publication.
And the dwindling number of refineries is how Big Oil has scammed us, I’ll bet.
It certainly doesn’t have anything to do with the plethora of environmental laws and regulations created mostly by Democrats pandering to their base over the last thirty years or so, making the prospect of continuously updating those refineries to comply with ever-more-strict environmental regulations a very expensive, capital-busting endeavor.
Nah, that wouldn’t be the reason. They just shut them down to manipulate the market-- reducing capacity while at the same time bull-whipping consumers into steadily increasing their consumption as they have over the years.
I can’t tell you how many times I’ve witnessed representatives of Big Oil frog-marching consumers down to the auto dealers and forcibly requiring them to sign purchase agreements on SUVs or some other gas-guzzling vehicle.
The Gubment needs to do something about those oil companies who are notorious for manipulating the market.
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Post by someguy on May 30, 2007 18:07:30 GMT -5
Of course he is. Someguy aka someclown is a tool. Everything to him revolves around Republican/Democrat. Every morning he gets his talking points email and then he pollutes a red wings "sports discussion" board with crap. Its obvious that he doesn't have much of an education. Here you go, dufus. Be sure to read the whole thing. (Yeah, I know, this writer for Newsweek is a tool, too, and, like me, obviously doesn't have much of an education). www.msnbc.msn.com/id/18940083/site/newsweek/ It's always fun to blame unpopular occurrences on corporate greed. Schumer's notion, for example, is that the wave of giant oil mergers (among others: BP/ARCO, Exxon/Mobil, Chevron/Texaco) has so concentrated U.S. refinery capacity that companies can constrict supply and create artificial scarcities by refusing to build new refineries. It's a plausible-sounding theory whose major defect is the absence of supporting evidence.
Whenever gasoline prices surge unexpectedly, Congress routinely vents its anger by ordering the Federal Trade Commission to investigate the oil industry for collusive practices. Invariably, the studies exonerate the industry.
Testifying last week before the congressional Joint Economic Committee (JEC), Michael Salinger, an FTC economist, said that the industry's concentration levels remain "low to moderate." According to JEC figures, ConocoPhillips is the biggest U.S. refiner, with 13 percent of capacity; the six largest have 61 percent of capacity. The oil industry is less concentrated than the auto industry, which is considered intensely competitive. As for the absence of new refineries, that problem preceded the merger wave by many years; the last major U.S. refinery was constructed in 1976. There must be some other explanation (environmental restrictions, past low profitability).
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Post by notrewing on May 31, 2007 6:17:06 GMT -5
They are constricting supply by controlling refining capacity in the US. Refining capacity is not increasing yet demand is. This contributes to higher prices. Does it really benefit oil companies to expand refineries? They are making record profits each quarter. Gas is a product that is controlled by political parties and is inelastic. If a democrat goes into the white house, the price will mysteriously drop to $2 just like it did during the elections in November. Let me guess that you've never worked in the energy industry.
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Post by someguy on May 31, 2007 9:55:57 GMT -5
Whenever gasoline prices surge unexpectedly, Congress phony, opportunist Democrat presidential hopeful hacks routinely vents its anger troll for votes by ordering calling for the Federal Trade Commission Department of Justice to investigate the oil industry for collusive practices. LOL.. Right on cue... apnews.myway.com/article/20070531/D8PF4O500.html
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Post by djoos36 on May 31, 2007 14:58:53 GMT -5
On behalf of his customers, this gas station owner protested high gasoline prices by lowering the supply in the area for a day. Brilliant! www.cnn.com/2007/US/05/25/gasprice.protest.ap/index.htmlIf I owned the station down the street, I would’ve bumped up my price a couple of cents per gallon that day and sent a thank you note to this dufus. Sounds like good marketing to me. He loses 24 hours worth of sales of an uprofitable product and in return becomes the gas station owner who's sympathetic to his customers and gets free advertising from CNN to boot.
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